Top Posts
FAA investigates airlines for potential flight cut compliance...
Trump signs off on nationwide vaccine schedule review...
Teenage cancer patient’s final fight becomes law as...
State-level AI rules survive — for now —...
Top 5 Canadian Mining Stocks This Week: Bayhorse...
Editor’s Picks: Silver Price Smashes All-time High, Nearly...
Copper Quest Closes $1,927,000 Private Placement
NioCorp Acquires FEA Materials to Build US Scandium...
Hegseth did not issue ‘kill them all’ order...
House GOP splits over Obamacare fix as costs...
  • Home
  • Investing
  • Politics
  • Economy
  • World News
Money Assets Saver
Politics

Still a no: Rand Paul says $5T debt increase in ‘Big, Beautiful Bill’ a deal-breaker

by admin June 3, 2025
June 3, 2025
NEWYou can now listen to Fox News articles!

Sen. Rand Paul, R-Ky., said the debt limit increase included in the One Big Beautiful Bill Act is still a deal-breaker for him, saying it goes against conservative values, despite discussions with President Donald Trump about his concerns. 

Paul told reporters on Monday that the bill will increase the debt ceiling by $5 trillion, the largest debt increase in the U.S.

‘We have never raised the debt ceiling without actually meeting that target,’ he said. ‘So you can say it doesn’t directly add to the debt, but if you increase the ceiling $5 trillion, you’ll meet that. And what it does is it puts it off the back-burner. And then we won’t discuss it for a year or two.’

‘So I think it’s a terrible idea to do this,’ he added. 

Paul said he spoke with Trump about his concerns over the legislation during a ‘lengthy discussion,’ but that Trump ‘did most of the talking.’ 

‘I’ve told him I can’t support the bill if they’re together,’ Paul said. ‘If they were to separate out and take the, debt ceiling off that I very much could consider the rest of the bill.’

Paul noted that Congress voted to continue spending to avert a government shutdown. 

‘During the campaign, Republicans said they were against Bidennomics and Bidenflation and Biden spending. When March, we renewed the Biden’s spending levels,’ Paul said. ‘So the spending levels we live under now are Biden-GOP spending levels. They’ve all come into agreement.’

‘But come the end of September, when our fiscal year ends, the deficit is going to be $2.2 trillion. That’s just not conservative,’ he added. ‘They’re borrowing 5 trillion. That means they’re anticipating the following year being over 2 trillion as well. So it’s just not a conservative thing to do.’

Over the weekend, Trump warned Paul would be ‘playing right into the hands of the Democrats’ if he votes against the bill.

‘If Senator Rand Paul votes against our Great, Big, Beautiful Bill, he is voting for, along with the Radical Left Democrats, a 68% Tax Increase and, perhaps even more importantly, a first time ever default on U.S. Debt,’ he wrote on his Truth Social platform. 

‘Rand will be playing right into the hands of the Democrats, and the GREAT people of Kentucky will never forgive him! The GROWTH we are experiencing, plus some cost-cutting later on, will solve ALL problems. America will be greater than ever before!’ he added. 

Next week, Senate Republicans will get their turn to go through the bill and are eying changes that could be a hard sell for House Speaker Mike Johnson, R-La.

This post appeared first on FOX NEWS

previous post
LIZ PEEK: Trump must stay strong, US reliance on Chinese minerals and drugs puts Americans at risk
next post
Lost dog returns home after swimming to island in 100-mile trip

You may also like

FAA investigates airlines for potential flight cut compliance...

December 6, 2025

State-level AI rules survive — for now —...

December 6, 2025

Teenage cancer patient’s final fight becomes law as...

December 6, 2025

Trump signs off on nationwide vaccine schedule review...

December 6, 2025

EXCLUSIVE: Charlie Kirk’s final book battles the ‘machine...

December 5, 2025

House GOP splits over Obamacare fix as costs...

December 5, 2025

Hegseth did not issue ‘kill them all’ order...

December 5, 2025

Trump taps new architect to reshape White House...

December 5, 2025

Republican populism craters as Trump stumbles, Democrats surge

December 5, 2025

Comer accuses Oversight Dems of ‘cherry-picking’ Epstein Island...

December 4, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • FAA investigates airlines for potential flight cut compliance violations during government shutdown

      December 6, 2025
    • Trump signs off on nationwide vaccine schedule review as CDC withdraws infant hep B guidance: ‘Fast track’

      December 6, 2025
    • Teenage cancer patient’s final fight becomes law as House passes landmark pediatric bill

      December 6, 2025
    • State-level AI rules survive — for now — as Senate sinks moratorium despite White House pressure

      December 6, 2025
    • Top 5 Canadian Mining Stocks This Week: Bayhorse Silver Runs With 73 Percent Gain

      December 6, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 moneyassetssaver.com | All Rights Reserved

    Money Assets Saver
    • Investing
    • Politics
    • Economy
    • World News